Long-Term Capital Movements /

International financial integration allows countries to become net creditors or net debtors with respect to the rest of the world. In this paper, we show that a small set of fundamentals-shifts in relative output levels, the stock of public debt and demographic factors-can do much to explain the evo...

Полное описание

Библиографические подробности
Главный автор: Lane, Philip
Другие авторы: Milesi-Ferretti, Gian
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2001.
Серии:IMF Working Papers; Working Paper ; No. 2001/107
Online-ссылка:Full text available on IMF